Prashant India (BOM:519014) Days Sales Outstanding : 277.87 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Prashant India Days Sales Outstanding?

Prashant India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1.28 Mil. Prashant India's Revenue for the three months ended in Dec. 2023 was ₹0.42 Mil. Hence, Prashant India's Days Sales Outstanding for the three months ended in Dec. 2023 was 277.87.

The historical rank and industry rank for Prashant India's Days Sales Outstanding or its related term are showing as below:

BOM:519014' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.64 Med: 126.24 Max: 1312.59
Current: 333.1

During the past 13 years, Prashant India's highest Days Sales Outstanding was 1312.59. The lowest was 44.64. And the median was 126.24.

BOM:519014's Days Sales Outstanding is ranked worse than
96.22% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.32 vs BOM:519014: 333.10

Prashant India's Days Sales Outstanding increased from Dec. 2022 (49.47) to Dec. 2023 (277.87).

Prashant India Days Sales Outstanding Historical Data

The historical data trend for Prashant India's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prashant India Days Sales Outstanding Chart

Prashant India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

135.81

69.79

244.49

105.38

44.64

Prashant India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															49.47	-	54.57	181.53	277.87

Competitive Comparison of Prashant India's Days Sales Outstanding

For the Textile Manufacturing subindustry, Prashant India's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prashant India's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prashant India's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Prashant India's Days Sales Outstanding falls into.

Prashant India Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Prashant India's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.847	+	0.86)	/	2 )	/	6.978	*	365
=	0.8535					/	6.978	*	365
=	44.64

Prashant India's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.122	+	1.442)	/	2 )	/	0.421	*	365 / 4
=	1.282					/	0.421	*	365 / 4
=	277.87

Prashant India (BOM:519014) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Prashant India Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Prashant India's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Prashant India (BOM:519014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prashant India Ltd (BOM:519014) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Palsana Char Rasta, National Highway No. 8, Block Number 456, Palsana, Surat, GJ, IND, 394 315

Website

http://www.prashantindia.info

Prashant India Ltd is an India-based company. It carries on the business as a manufacturer, seller, and exporter of Agro Products, Textiles, and Wind Power Generation. The company's operating segment includes Textile and Wind Farm. It generates maximum revenue from the textile segment.

Prashant India (BOM:519014) Headlines

No Headlines